Homes that do not sell for extended periods of time are usually priced too high or are too pricey for the neighborhood. Remember, strategic pricing is always the top reason why homes sell successfully.
Here is a list of other common reasons that homes do not sell:
• Clutter: The home is too cluttered. Piles and stacks of stuff discourage buyers. • Unique or Niche Features: The home has unique layout, unconventional design, or niche features that appeal to a narrow group of buyers may sit on the market longer. • Poor Condition: The home interior is dated. Old styles, trimming or flooring deter sales, and so do any upgrades necessary to freshen up the decor. • Limited Availability: The homeowner is not flexible with showings. Plan ahead to ensure kids, pets, and you are ready to show at any time. • Undesirable Location: The home is located in a poor school districts, or a lack of nearby amenities. Proximity to noisy roads or industrial areas may also negatively impact buyer's interest. • Ineffective Marketing: The real estate agent did not provide a sufficiently aggressive marketing plan. • Competing Listings: The real estate agent did not perform the Comparative Market Analysis correctly and failed to provide strategic pricing for the home.
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